USDCAD Daily Outlook - 29/01/2025
No change in USD/CAD’s outlook as range trading continues. Intraday bias stays neutral for the moment. Further rally is expected as long as 1.4260 support holds. On the upside, firm break of 1.4516 will resume larger up trend to 1.4667/89 key resistance zone. Nevertheless, firm break of 1.4260 will turn bias to the downside for deeper pullback to 55 D EMA and below.
Posted Jan 29, 2025, 11:14 AM UTC
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